Overview
What is University Of Ontario Institute Of Technology?
The University of Ontario Institute of Technology is a nonprofit educational institution, established in Oshawa, Ontario, Canada, in 2002. With a mission to integrate inquiry, discovery, and application, the university focuses on research and offers graduate and undergraduate education. Their structure consists of seven faculties: Business and Information Technology, Education, Energy Systems and Nuclear Science, Engineering and Applied Science, Science, Health Sciences, and Social Science and Humanities. The university boasts a student headcount of 10,969, with the Faculty of Engineering and Applied Science being the largest. As a market-oriented institution, the University of Ontario Institute of Technology is dedicated to excellence in teaching, learning, and value-added research, making it a degree-granting and research organization. Their workforce comprises 2,056 employees.
Official website here: www.ontariotechu.ca
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The University of Ontario Institute of Technology has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 81% based entirely on its accountability and finance metrics. This rating signifies a strong commitment to ethical governance and sound financial practices, indicating that the organization effectively manages its resources and maintains transparency in its operations.
One of the notable strengths of the institute is its high percentage of independent board members, with 91% oversight ensuring decisions are made without conflicts of interest. The organization has also shown strong performance in financial audits and oversight, contributing to a robust accountability score. Additionally, with a program expense ratio of 90.29%, it demonstrates a commitment to allocating resources towards its educational programs.
While the financial management and governance practices are commendable, the overview does not address the academic performance or impact of the programs offered. Potential donors and stakeholders might benefit from more detailed insights into the university's educational outcomes and community engagement efforts. Overall, the institute stands well on the financial accountability spectrum, but further information on its broader mission effectiveness would be valuable.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Ontario Institute Of Technology legitimate?
University Of Ontario Institute Of Technology is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Ontario Institute Of Technology submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $3,390,537
Professional Fundraising Fees: $0
Other Salaries and Wages: $78,323,363
For more financial information, click here
Official website here: www.ontariotechu.ca
What is the mission statement of University Of Ontario Institute Of Technology?
The University of Ontario Institute of Technology is a market-driven institution that integrates inquiry, discovery, and application, fostering excellence in teaching, learning, and value-added research. Established without share capital, its primary mission is to provide graduate and undergraduate education and conduct research. The university has grown to include seven faculties since its inception: Faculty of Business and Information Technology, Faculty of Education, Faculty of Energy Systems and Nuclear Science, Faculty of Engineering and Applied Science, Faculty of Science, Faculty of Health Sciences, and Faculty of Social Science and Humanities. With a student headcount of 10,969 (or 9,538 FTE) in the fiscal year ending March 31, 2022, the largest faculty is the Faculty of Engineering and Applied Science.
Official website here: www.ontariotechu.ca
Who is the CEO of University Of Ontario Institute Of Technology?
Steven Murphy is the President & Vice Chancellor of University Of Ontario Institute Of Technology.
Official website here: www.ontariotechu.ca
What is the revenue of University Of Ontario Institute Of Technology?
University Of Ontario Institute Of Technology's revenue in 2022 was $178,725,608.
Official website here: www.ontariotechu.ca
Who are the executives of University Of Ontario Institute Of Technology and what are their salaries?
The average compensation at University Of Ontario Institute Of Technology during 2022 was $39,744. There are 2056 employees and 270 volunteers at University Of Ontario Institute Of Technology.
Here are 29 key members and their salaries:
- Compensation: $256,085
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- Other: $12,026
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- Compensation: $182,358
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- Compensation: $182,358
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- Compensation: $174,597
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- Other: $31
- Compensation: $216,178
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- Other: $5,680
- Compensation: $216,805
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- Other: $4,145
- Compensation: $193,903
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- Other: $8,496
- Compensation: $197,864
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- Other: $790
- Compensation: $192,215
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- Other: $5,871
- Compensation: $126,792
- Related: $0
- Other: $0
- Compensation: $167,527
- Related: $0
- Other: $1,437
Official website here: www.ontariotechu.ca
Where can I find the form 990 for University Of Ontario Institute Of Technology?
University Of Ontario Institute Of Technology's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ontariotechu.ca
Learn more at the official website: www.ontariotechu.ca
Mission Statement of University Of Ontario Institute Of Technology
University of Ontario Institute of Technology, a market-oriented educational institution, is dedicated to the pursuit of inquiry, discovery, and application through excellence in teaching, learning, and value-added research. Established under the University of Ontario Institute of Technology Act in 2002, this degree-granting and research organization offers undergraduate and graduate education to a student body of over 10,000 (or 9,538 FTE). With seven faculties since its inception, namely the Faculty of Business and Information Technology, Faculty of Education, Faculty of Energy Systems and Nuclear Science, Faculty of Engineering and Applied Science, Faculty of Science, Faculty of Health Sciences, and Faculty of Social Science and Humanities, the University of Ontario Institute of Technology integrates various fields of study to foster a well-rounded and comprehensive education. The largest faculty is the Faculty of Engineering and Applied Science, reflecting the institution's commitment to scientific and technological advancements. The University's mission is to develop research and provide a solid foundation for students to succeed in their academic and professional endeavors.
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Impact
October, 2024
The University of Ontario Institute of Technology (UOIT) significantly impacts higher education through its market-oriented approach, focusing on integrating inquiry, discovery, and practical application within its research and teaching methodologies. Established in 2002, UOIT aims to develop both undergraduate and graduate education, fostering a diverse academic environment comprising seven faculties: Business and Information Technology, Education, Energy Systems and Nuclear Science, Engineering and Applied Science, Science, Health Sciences, and Social Science and Humanities.
With a total student enrollment of approximately 10,969, UOIT offers a robust educational landscape that emphasizes excellence in teaching and learning. Its commitment to value-added research not only enhances the academic experience for students but also contributes to technological advancements and solutions that address contemporary societal challenges.
The Faculty of Engineering and Applied Science, the largest among UOIT's offerings, exemplifies the university's dedication to preparing students for successful careers by equipping them with the skills and knowledge necessary in today’s job market. UOIT's focus on practical applications of research ensures that students are well-prepared to meet industry demands and make meaningful contributions to their fields.
This information is meant to be a general summary of University Of Ontario Institute Of Technology. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,016,206
- Program Service Revenue: $84,414,610
- Gross Receipts: $178,751,581
Assets and Liabilities:
- Total Assets: $435,986,314
- Total Liabilities: $341,849,584
- Net Assets: $94,136,730
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$69,551,496
STUDENT ANCILLARY FEE
Revenue
$10,192,516
COLLABORATIVE NURSING PROGRAM
Revenue
$3,414,787
FACULTY-RUN DEVELOPMENT AREA
Revenue
$1,255,811
Organization Details
Founding Year
2002
Phone
(905) 721-8668Principal Officer
Steven Murphy
Website
www.ontariotechu.caNTEE Category
Code: B43 - Education
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